Ras Al Khaimah will be transformed with a massive $1.4bn development pipeline, including the new Mirasol project.
Mina will be set across a land area of four million square metres and comprise three districts: Raha Island, Hayat Island and Lagoons. It is situated along the Ras Al Khaimah coastline and is in close proximity to the Emirate’s major economic drivers.
Mina is the focus of a $1.4bn pipeline for 2025 and is at the heart of RAK Properties’ transformative growth agenda. The first new project to be launched within Mina in 2025 is Mirasol, located on Raha Island – a resort inspired living concept and incorporating a restaurant being developed in partnership with Spanish Michelin star chef Vicente Torres.
Mina will feature a combination of community and destination retail experiences spread across 137 outlets and a combined 23,000sq m of net leasable area.
Sameh Muhtadi, CEO of RAK Properties said: “We are proud to unveil Mina – our vision for the future in Ras Al Khaimah. Thriving community, exceptional experiences, a people first emphasis on design and world class partners are the cornerstones for this vision. The launch of Mirasol is a key component of our AED5bn 2025 residential development launch pipeline. Combining this with our plans to create new amenities within Mina – the yacht club, wharf, marina boulevard and multiple beach clubs – our transformation agenda is clear for everyone to see. With this active programme of new product launches as well as completions and handovers, we look forward to welcoming more and more customers into Ras Al Khaimah to enjoy some of the very best hospitality and residential experiences on offer in the UAE.”
